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Re: When is Bitcoins going to die?
by
yueno
on 13/01/2017, 11:06:14 UTC
The mining is becoming too expensive and none profitable. I think that will bring uᴉoɔʇᴉq to an end. Another problems is that there is only a few miners left controlled by a few making them controlling moondollars. It's no longer the currency of the people but a currency of the few rich companies that runs the show.....but for how long can the continue?

I have been looking at Rimbit  instead since it is premined and therefore don't need the middleman with the expensive hardware for transaction validation. Instead the validation is done by the wallet's running on peoples computers. As I see it it's a currency for the people and it will stay that way. Sadly it's still fairly unknown.

Time will show how long moondollars survive but my guess is not more than 3 years......please challenge that statement with serious arguments.




I guess bitcoin will last forever but it will be rare just like gold. Time by time bitcoin price will be increase because it is like natural resources. It will be mine just gold but in computer.